Metropolis Healthcare IPO
Metropolis Healthcare Limited (METROPOLIS) · mainboard IPO on NSE and BSE · 100% Book Building. Listed on 15 April 2019.
Listed 15 Apr
Listing gain +8.9%
Issue details
Price band
₹877–880
Issue price
₹880
Lot size
17 shares
Min. retail bid
₹14,960
Max. retail bid
13 lots (₹1,94,480)
Issue size
—
Face value
₹2
Bidding
03 Apr – 05 Apr 2019
Listing
15 Apr 2019
Retail quota
—
Registrar
Link Intime India Private Limited
Listing day
Listed at
₹958
+8.9% vs issue price ₹880
Day's high
₹983
+11.7% · low ₹935 (+6.2%)
Day's close
₹960
+9.1% · traded ₹696 Cr
Past IPOs with similar demand
Earlier mainboard IPOs whose QIB, NII and retail subscription and size were closest to Metropolis Healthcare's, and how they listed.
| IPO | QIB | NII | Retail | Total | Size | Listing gain | Day high |
|---|---|---|---|---|---|---|---|
| MSTCMar 2019 | — | — | — | — | — | -4.2% | 0.0% |
| TCNS Clothing Co.Jul 2018 | — | — | — | — | — | 0.0% | +1.3% |
| Galaxy SurfactantsJan 2018 | — | — | — | — | — | +3.0% | +17.2% |
| Salasar Techno EngineeringJul 2017 | — | — | — | — | — | +131.5% | +143.1% |
| Mahanagar GasJun 2016 | — | — | — | — | — | +28.3% | +30.4% |
| Parag Milk FoodsMay 2016 | — | — | — | — | — | +1.2% | +16.1% |
Lead managers and their listing record
| Book running lead manager | Mainboard IPOs since 2019 | Avg listing gain | Listed at a premium |
|---|---|---|---|
| JM Financial | 109 | +22.8% | 75% |
| Credit Suisse Securities (India) | 11 | +15.6% | 82% |
| Goldman Sachs (India) Securities | 16 | +18.4% | 69% |
| HDFC Bank | 16 | +15.8% | 75% |
| Kotak Mahindra Capital Company | 83 | +20.8% | 76% |
Offer documents (NSE)
Frequently asked
What is the Metropolis Healthcare IPO price band and lot size? ₹877–880 per share, with a lot of 17 shares, so the smallest retail bid is ₹14,960.
How did it list? It opened at ₹958, +8.9% against the issue price of ₹880, and closed its first day +9.1%.
Other IPOs of 2019
Prince Pipes and FittingsUjjivan Small Finance BankCSB BankVishwaraj Sugar IndustriesIndian Railway Catering and Tourism CorporationSterling & Wilson SolarAffle IndiaIndiaMART InterMESH
All 2019 IPOs →
Important: The AI listing estimates on Flash Finance are statistical estimates drawn from
how past Indian IPOs have listed. They are not a forecast of what any IPO will do, not a recommendation to apply, buy or sell,
and not investment advice. Listing prices depend on market conditions on the listing day and can differ widely from any
estimate; past patterns may not repeat. Subscription figures are as published by NSE (bids on NSE and BSE together) and can be
revised. Flash Finance is not a SEBI-registered investment adviser or research analyst. Read the issue's Red Herring
Prospectus and consult a SEBI-registered adviser before you invest.
